A recent study identifies Singapore as a global leader in blockchain innovation, with 1,600 patents, 2,433 industry jobs, and 81 crypto exchanges—impressive figures for a nation of fewer than six million people.
Hong Kong ranked second with a composite score of 82.7, leveraging its strong financial infrastructure to integrate blockchain and crypto technologies seamlessly. Estonia, with just 1.4 million residents, secured third place, excelling in blockchain adoption with 95 patents and 52 crypto exchanges. Other leading nations include Switzerland, the United States, Canada, Australia, and the United Kingdom.
Despite regulatory challenges under Operation Chokepoint 2.0, the US remains a major player, leading in metrics with 32,000 blockchain patents, 17,000 jobs, and 166 crypto exchanges. Following Donald Trump’s election, Arkansas Representative French Hill has announced plans to introduce a crypto market structure bill within the first 100 days of the new Congress.
Read the original article here: https://www.msn.com/en-us/money/other/singapore-hong-kong-stand-out-among-blockchain-heavyweights/ar-AA1wu26S?ocid=BingNewsVerp